As with much of this blog, information has come through the
Also Ross Smith Energy Group RSEG, Instinct ,LLC
Players – Range Resources, Atlas Energy Resources, Southwestern Energy, EDG Resources, Equitable Resources,
CNX Gas, Penn Virginia, Ultra Petroleum, (possibly) Phillips Petroleum and PetroEdge have drilled horizontals in
Favorable Properties – High TOC – Total Organic Carbon, Adequate thermal maturity, Significant gas in place, Thickness, Favorable mineralogy, Overpressured, Successful high-rate gas wells.
Immediate post-fracture clean-up is a contributing factor to success. Frac fluid must be cleaned up immediately. Disposal of frac fluids will become an operational issue. There are only three disposal wells in the Commonwealth.
The Marcellus may be stronger in the NE than in the SW due to thicker, deeper shale, more brittle with a higher TOC. Companies are still negotiating 1/8th royalties.